Day: April 29, 2020

Bitcoin to $75,000 in 2023?!?! April 2020 Price Prediction & News Analysis

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Bitcoin Rises Above $8.1K, Clinching April Gain for Fifth Year Running

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Bitcoin’s price jumped above $8,100 on Wednesday, making an April gain for the fifth consecutive year all but certain. The top cryptocurrency by market capitalization rose to $8,191 at 11:15 UTC, its highest level since March 10, according to CoinDesk’s Bitcoin Price Index. At press time, bitcoin is hovering near $8,170, representing a 4.5% gain on the day. Prices are now up 26% on a month-to-date basis and 13.6% year to date. An April gain would be confirmed if prices hold above $6,428, the monthly opening price, through Thursday’s UTC…

Bitcoin Rises Above $8.1K as Bulls Eye April Gain for Fifth Year Running

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Bitcoinโ€™s price jumped above $8,100 on Wednesday, making an April gain for the fifth consecutive year all but certain. The top cryptocurrency by market capitalization rose to $8,191 at 11:15 UTC, its highest level since March 10, according to CoinDeskโ€™s Bitcoin Price Index. At press time, bitcoin is hovering near $8,170, representing a 4.5% gain on the day. Prices are now up 26% on a month-to-date basis and 13.6% year to date. An April gain would be confirmed if priceshold above $6,428, the monthly opening price, through Thursdayโ€™s UTC close.…

New Analysis of Top 10K Ethereum Wallets Gives Highly Bullish Outlook

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Adam Cochran, the analyst who predicts Ethereum 2.0 staking will cause a new bull run, released a 109-strong Tweetstorm on April 29, revealing his findings from a manual audit of Ethereumโ€™s 10,000 fattest wallets. The conclusion of the research, also presented in a blog post, is that things are currently looking incredibly bullish for the number two cryptocurrency by market cap. Distribution to rival Bitcoin Cochranโ€™s first port of call is the distribution of Ether (ETH) amongst the top wallets. This is something which many critics point to as proof…

First Mover: For Bitcoin Prices, Inflation Headlines May Matter More Than the Reality

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Bitcoin traders love to talk about inflation โ€“ especially the possibility consumer prices might eventually shoot up due to theย trillions of dollars of new money injected into global markets this year by the Federal Reserve and other central banks.ย  The theory is the purchasing power of government-issued currencies will diminish due to the surging supply of money, and thatย shouldย be good for bitcoin, viewed by many cryptocurrency investors as a hedge against inflation. You’re readingย First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day…

Bitcoin Halving Effect? Data Suggests People Buying More BTC Since February 2020ย ย 

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According to data released by Glassnode, a leading blockchain and cryptocurrency analytics platform, the number of Bitcoin wallet addresses having a minimum of 0.1 BTC has continued to surge, hitting 3,010,784 on Monday, as more and more crypto investors continue to stack up their Bitcoin holdings. Bitcoin Attracting New Hodlers?ย  Per sources close to the matter, more and more small investors living in the U.S. have been stacking up the flagship cryptocurrency since mid-February, 2020, when Jerome Powell, Federal Reserve Chairman made it clear to lawmakers that the apex bank…

Invest in Bitcoin using WazirX app – | Strategies and Investment Options |

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io โ–ถDownload WazirX App : If you want to invest in Cryptocurrency like Bitcoin, Etherium, Litecoin or more in India, then you can try the WazirX app. This app allows you to deposit money using UPI, NEFT or RTGS in INR and you can then invest in wide range of cryptocurrency available in the app. This video is all about some basic strategies about investing in Bitcoin and how you can earn from it as a student. More videos will come covering the…

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Bitcoin Hits $8K Erasing Coronavirus Crash โ€” 13 Days Till Halving

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Bitcoin (BTC) price finally hit $8,000 on April 29 as a solid week of gains continued to buoy markets. Cryptocurrency market daily overview. Source: Coin360 BTC price returns to $8,000 Data from Cointelegraph Markets and CoinMarketCap showed BTC/USD breaking the $8,000 after a seven-week absence. The move firmly reverses Bitcoinโ€™s crash in mid-March, when the cryptocurrency shed 60% in a day to plumb 15-month lows of $3,600. Bitcoin 1-day chart. Source: CoinMarketCap At press time, the new levels had yet to cement themselves amid short-term volatility, with highs on exchange…

Telegramโ€™s Blockchain OS Could Soon Appear in App Stores

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Google Play market and Apple’s AppStore will reportedly soon feature the Telegram Open Network (TON) operating system (OS), an end-to-end open-source infrastructure that allows developers and users to work with the TON blockchain. The TON OS will soon become available on smartphones and personal computers for mainstream users, a source close to Telegram told Russian news agency RBC on April 29. TON OS is not an alternative to existing operating systems, but will serve as an add-on for devices, making them able to support blockchain applications. Big plans for the…